PUMYX: PACE Small/Medium Co Growth Equity Y

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PUMYX PACE Small/Medium Co Growth Equity Y


Profile

PUMYX - Profile

Vitals

  • YTD Return -1.6%
  • 3 Yr Annualized Return -3.4%
  • 5 Yr Annualized Return -4.4%
  • Net Assets $356 M
  • Holdings in Top 10 30.4%

52 WEEK LOW AND HIGH

$16.40
$10.63
$19.15

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 135.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -1.6%
  • 3 Yr Annualized Total Return -3.4%
  • 5 Yr Annualized Total Return -4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    PACE Small/Medium Co Growth Equity Investments
  • Fund Family Name
    UBS Asset Management
  • Inception Date
    Feb 12, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mabel Lung

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities issued by small/medium capitalization companies. Small/medium capitalization companies means companies with a total market capitalization within the market capitalization range of the companies in the Russell 2500® Growth Index at the time of purchase. The fund may from time to time invest a significant portion of its assets in the stocks of companies in various economic sectors, such as technology.


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Categories

Performance

PUMYX - Performance

Return Ranking - Trailing

Period PUMYX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.6% -23.0% 30.7% 48.56%
1 Yr -5.4% -43.5% 34.8% 81.89%
3 Yr -3.4%* -54.7% 23.4% 65.06%
5 Yr -4.4%* -40.4% 16.7% 76.25%
10 Yr 2.2%* -17.7% 13.7% 71.52%

* Annualized

Return Ranking - Calendar

Period PUMYX Return Category Return Low Category Return High Rank in Category (%)
2019 7.4% -49.8% 42.9% 93.09%
2018 -15.7% -54.2% 13.6% 36.90%
2017 16.8% -73.6% 36.1% 38.01%
2016 3.1% -49.0% 133.1% 74.40%
2015 -21.6% -70.7% 8.6% 86.14%

Total Return Ranking - Trailing

Period PUMYX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.6% -23.0% 30.7% 48.56%
1 Yr -5.4% -43.5% 34.8% 81.89%
3 Yr -3.4%* -25.6% 26.3% 77.90%
5 Yr -4.4%* -20.1% 20.4% 89.58%
10 Yr 2.2%* -9.1% 24.2% 89.16%

* Annualized

Total Return Ranking - Calendar

Period PUMYX Return Category Return Low Category Return High Rank in Category (%)
2019 7.4% -49.8% 42.9% 93.09%
2018 -15.7% -54.2% 14.5% 53.23%
2017 16.8% -8.4% 42.0% 66.10%
2016 3.1% -16.4% 133.1% 84.60%
2015 -21.6% -59.6% 19.3% 94.67%

NAV & Total Return History


Holdings

PUMYX - Holdings

Concentration Analysis

PUMYX Category Low Category High PUMYX % Rank
Net Assets 356 M 3.6 M 22.5 B 54.02%
Number of Holdings 52 1 2011 91.50%
Net Assets in Top 10 39.9 M 724 K 2.09 B 66.61%
Weighting of Top 10 30.41% 6.7% 100.0% 17.64%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High PUMYX % Rank
Stocks
99.25% 85.11% 103.86% 16.69%
Cash
0.75% -4.54% 15.75% 80.79%
Preferred Stocks
0.00% 0.00% 4.20% 82.05%
Other
0.00% -12.73% 9.10% 82.05%
Convertible Bonds
0.00% 0.00% 0.00% 80.31%
Bonds
0.00% 0.00% 0.07% 81.42%

Stock Sector Breakdown

Weighting Return Low Return High PUMYX % Rank
Technology
32.87% 2.71% 75.34% 8.98%
Healthcare
27.09% 0.07% 54.38% 67.09%
Industrials
17.30% 1.13% 34.78% 49.92%
Consumer Defense
10.57% 0.00% 16.20% 3.46%
Consumer Cyclical
9.65% 0.00% 29.90% 42.36%
Financial Services
2.53% 0.00% 22.83% 92.76%
Utilities
0.00% 0.00% 7.71% 85.51%
Real Estate
0.00% 0.00% 9.94% 97.32%
Energy
0.00% 0.00% 5.45% 92.76%
Communication Services
0.00% 0.00% 12.66% 96.22%
Basic Materials
0.00% 0.00% 9.88% 95.43%

Stock Geographic Breakdown

Weighting Return Low Return High PUMYX % Rank
US
94.78% 81.44% 101.74% 44.57%
Non US
4.47% 0.00% 12.64% 31.34%

Expenses

PUMYX - Expenses

Operational Fees

PUMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.06% 36.03% 84.18%
Management Fee 0.70% 0.05% 1.50% 25.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.40% 52.56%

Sales Fees

PUMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PUMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 85.71%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PUMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 135.00% 9.00% 474.00% 89.60%

Distributions

PUMYX - Distributions

Dividend Yield Analysis

PUMYX Category Low Category High PUMYX % Rank
Dividend Yield 0.00% 0.00% 30.06% 80.94%

Dividend Distribution Analysis

PUMYX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

PUMYX Category Low Category High PUMYX % Rank
Net Income Ratio -0.54% -2.35% 1.11% 53.24%

Capital Gain Distribution Analysis

PUMYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PUMYX - Fund Manager Analysis

Managers

Mabel Lung


Start Date

Tenure

Tenure Rank

Dec 31, 1995

24.35

24.4%

• Mabel has been an integral member in portfolio management of Multi-Asset and Multi-Component Portfolios since 2000 when UBS Asset Management launched the UBS Multi-Asset Managed Accounts Program. • Recognizing the importance of after-tax investment results to US private clients, Mabel led her team to launch Personalized Tax Management in 2011 as a tax overlay investment service to multi-asset portfolios. • Mabel has significant experience in manager selection, overseeing $30 billion of assets for institutional and private clients globally through open architecture of best-in-class managers in liquid strategies, combined with a keen focus on risk-aware and holistic portfolio construction. • Mabel joined the firm in 1984, after her graduate study in business administration and has held various positions in finance, treasury, strategic and business planning, prior to joining the asset management division of the firm in 1995. • Prior to business school, she was a corporate finance analyst at an investment banking firm.

Mark Thompson


Start Date

Tenure

Tenure Rank

Oct 31, 2005

14.51

14.5%

Mark Thompson co-founded Riverbridge in 1987 to pursue his passionate belief in long-term investing. As Chief Manager, Mark is responsible for the strategic decision making and overall management of the firm. He is also Chairman of the Riverbridge Board of Governors. Mark serves as the Chief Investment Officer, where he is responsible for coordinating the efforts of the Investment Team and overall portfolio compliance to Riverbridge investment disciplines. Prior to founding Riverbridge, Mark spent several years at IDS Financial Corp. where he performed investment research and was an associate portfolio manager of the IDS New Dimensions Fund. Mark earned his Bachelor of Science in Business degree in Finance from the University of Minnesota Carlson School of Management and is a member of the CFA Institute and the CFA Society of Minnesota. Mark is also a member of the Board of Directors of Wiland Direct, Inc., TreeHouse, Opportunity International Nicaragua, and Pulse Outreach, as well as a Trustee of the LoCorr mutual funds and the Board of Investment – Converge Retirement Fund.

Fred Lee


Start Date

Tenure

Tenure Rank

Dec 31, 2009

10.34

10.3%

Fred Lee, CFA, as the Head of Portfolio Construction & Quantitative Research within the MMS team since January 2009, oversees the portfolio construction process in determining the specific allocations to individual managers. He also leads the team responsible for the quantitative assessment of managers. Mr. Lee is located in the London office of UBS AM, which he joined in 2006 as a Risk Analyst where he provided risk assessment and monitoring for all client portfolios and enhanced proprietary risk models. Prior to joining UBS AM, Mr. Lee worked as a consultant for MSCI Barra providing advice to large investment managers across Europe on the interpretation and use of risk models and analytics.

Vincent Russo


Start Date

Tenure

Tenure Rank

Jan 31, 2013

7.25

7.3%

Vincent Russo is an Analyst on the MMS team at UBS AM, focusing on equity investment strategies since January 2013. Mr. Russo is part of the team responsible for manager due diligence and selection, portfolio construction, risk management, investment oversight, and performance of equity portfolios. Mr. Russo joined the firm in March 2007 as member of the Global Investment Solution group, where he performed ETF due diligence and selection across a broad range of asset classes, in addition to separately managed account overlay and implementation. Prior to joining UBS AM, Mr. Russo worked at Deutsche Bank, MetLife and AllianceBernstein in various roles, from trading to financial reporting analysis.

Brandon Nelson


Start Date

Tenure

Tenure Rank

Nov 28, 2013

6.42

6.4%

Brandon Nelson is a senior portfolio manager at Calamos and leads the investment team managing Calamos' portion of the fund's assets. Prior to his time at Calamos, Mr. Nelson was the President, Chief Investment Officer and a director of Timpani Capital Management, LLC (an entity that was acquired by Calamos on May 31, 2019) since 2008. Prior to that, he was a senior portfolio manager and managing director at Wells Capital Management since 2005.

Bruce Jacobs


Start Date

Tenure

Tenure Rank

Jan 10, 2019

1.3

1.3%

Bruce Jacobs serves as co-chief investment officer, portfolio manager, and co-director of research. Prior to co-founding Jacobs Levy in 1986, he was a Senior Managing Director of a quantitative equity management affiliate of the Prudential Insurance Company of America. where he served as Senior Managing Director of a quantitative equity management affiliate of the Prudential Asset Management Company and Managing Director of the Pension Asset Management Group. Dr. Jacobs has a B.A. from Columbia College, an M.S. in Operations Research and Computer Science from Columbia University’s School of Engineering and Applied Science, an M.S.I.A. from Carnegie Mellon University’s Graduate School of Industrial Administration, and an M.A. in Applied Economics and a Ph.D. in Finance from the Wharton School.

Kenneth Levy


Start Date

Tenure

Tenure Rank

Jan 10, 2019

1.3

1.3%

Kenneth N. Levy, CFA, co-founded Jacobs Levy Equity Management in 1986. He is principal, co-chief investment officer, portfolio manager, and co-director of research of the firm. Previously, Mr. Jacobs was managing director of a quantitative equity management affiliate of the Prudential Asset Management Company. Prior to that, he was responsible for quantitative research at Prudential Equity Management Associates.

Ned Sienko


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

Ned Sienko is the Head of Equity Investments for UBS Hedge Fund Solutions ("HFS"). Mr. Sienko is primarily responsible for manager research as well as portfolio management of certain client portfolios. Previously, he was responsible for the oversight of the Portfolio Management and Due Diligence team of the Alternative Investment Group within UBS Wealth Management Americas, serving as a Portfolio Manager since July 1995, and as the Head of the Alternative Investment Group's portfolio management group since 1998. Prior to joining UBS in 1995, Mr. Sienko worked at Kidder, Peabody & Co., Inc. where his responsibilities included finance, product origination and due diligence (from 1984 to 1994).

Gina Toth


Start Date

Tenure

Tenure Rank

Jul 01, 2019

0.83

0.8%

Gina Toth, CFA, is a Portfolio Manager within the MMS team at UBS AM, focusing on fixed income and multi-asset investment strategies, including liquid alternatives. She is part of the team responsible for manager due diligence and selection, portfolio construction, risk management, investment oversight, and performance of multi-asset strategies. Ms. Toth joined the firm in March 2013. Previously, she worked at AllianceBernstein as a Senior Portfolio Manager in New York and Sydney, specializing in multi-asset portfolios, asset allocation and custom solutions for the institutional, high-net worth and retail channels, encompassing both traditional and non-traditional asset classes. She also spent 14 years in New York and London as a fixed income portfolio manager for US and global portfolios.

Mayoor Joshi


Start Date

Tenure

Tenure Rank

Jul 31, 2019

0.75

0.8%

Mayoor Joshi is an Analyst within the MMS team, focusing on equity investment strategies. Mr. Joshi is part of the team responsible for manager selection, due diligence, portfolio construction, risk management, investment oversight, and performance of equity portfolios. Mr. Joshi joined UBS AM in April 2014. Previously, he was a Managing Director at Rocaton Investment Advisors, an institutional investment consulting firm, for seven years focusing on manager research.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.76 7.98 3.17